COVID-19

IFA-led Association Letter with 110 Signatures in Support of Enhanced 7(a) Lending

Image

A letter regarding the inclusion of the general 7(a) loan program enhancement provisions in the final CARES Act. These enhancements will help stabilize the financial system and prevent further economic consequences beyond what franchises and their employees are already experiencing.

Bipartisan Congressional Letter to Senate Leadership in Support of Franchising

Image

A letter to Majority Leader McConnell and Minority Leader Schumer proposing they increase the small business fund in the CARES Act so that franchisees can access a larger loan in order to cover monthly operating expenses, debt obligations, etc. and not just payroll.

IFA Letter to Administrator Carranza - CARES Act Clarifications

Image

Letter to Administrator Jovita Carranza regarding the CARES Act, detailing how the Act can achieve its intended outcome and have maximum impact. This letter urges the Administrator to confirm the eligibility of the franchised businesses in the Paycheck Protection Loan program.

IFA Letter to SBC & HSBC - CARES Act Clarifications

Image

Letter to Chairs Rubio and Velázquez and Ranking Members Cardin and Chabot of the U.S. Senate and House of Representatives regarding the Coronavirus Aid, Relief, and Economic Security (CARES) Act, detailing how the Act can achieve its intended outcome and have maximum impact. This letter urges the Chairs and Ranking Members to confirm the eligibility of the franchised businesses in the Paycheck Protection Loan program.

IFA Letter to Secretary Mnuchin - CARES Act Clarifications

Image

Letter to Secretary Mnuchin of the U.S. Department of Treasury regarding the Coronavirus Aid, Relief, and Economic Security (CARES) Act, detailing how the Act can achieve its intended outcome and have maximum impact. This letter urges Secretary Mnuchin to confirm the eligibility of the franchised businesses in the Paycheck Protection Loan program.